Market Size And Forecast: ESG Reporting Software Solutions 2021-2027 (Global)

Published 13 January 2023 by Kim Knickle & Elisa Molero &
Carbon Emissions Reporting ESG & Sustainability ESG & Sustainability Services ESG Investment Consulting ESG Performance Improvement ESG Ratings ESG Reporting Software Net Zero & Climate Risk Sustainability Goals Sustainability Reporting Sustainability Risk Management Sustainability Strategy Sustainable Supply Chain Market Size & Forecast

Access this research

Access all ESG & Sustainability content with a strategic subscription or buy this single report

Buy Subscription

Need help or have a question about this report? Contact us for assistance

Executive Summary

This report helps ESG and sustainability professionals better understand the current state of and future developments in the ESG reporting software market. The Verdantix model includes analysis of different market drivers and trends, alongside disclosed and estimated revenue information on the main ESG reporting software providers, and data from the 2022 Verdantix ESG and sustainability corporate survey, to forecast the market growth by region and industry (see Verdantix Global Corporate Survey 2022: ESG & Sustainability Budgets, Priorities And Tech Preferences). Verdantix research finds that the ESG reporting software market was worth over $905 million in 2021 and will grow to over $4.34 billion by 2027, at a CAGR of 30%.

Table of contents

The ESG Reporting Software Market Is Set To Grow As Regulatory Pressure And Stakeholders’ Transparency Demands Push Spending To Record Levels
Market Size Data Reflect The Revenues Of ESG Reporting Software Providers
The ESG Reporting Software Market Was Worth Over $905 Million In 2021
A Growing Number Of Regulations Will Trigger Spend On ESG Reporting Software In The Next Five Years
Stakeholders’ Demands For Transparency And Shifting Investment Practices Trigger Need For ESG Reporting Software
The ESG Reporting Software Market Will Reach Over $4.3 Billion In 2027

Table of figures

Figure 1. Verdantix Market Size And Forecast Methodology
Figure 2. 2021 ESG Reporting Software Spend By Region
Figure 3. 2021 ESG Reporting Software Spend By Industry
Figure 4. New ESG Disclosure Requirements Expected In The Coming Years
Figure 5. ESG Reporting Software Forecast By Region 2021-2027
Figure 6. ESG Reporting Software Forecast By Industry 2021-2027

Organisations mentioned

APlanet, Global Reporting Initiative (GRI), Greenomy, International Monetary Fund (IMF), International Sustainability Standards Board (ISSB), MetricStream, NASDAQ, NAVEX Global, Novisto, SAI360, Science Based Targets initiative (SBTi), ServiceNow, Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), UK Financial Conduct Authority (FCA), UL, US Securities and Exchange Commission (SEC), VelocityEHS, Workiva

About the authors

Kim Knickle

Research Director, ESG & Sustainability
Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain sustainability, circular economy, social impact, and sustainable finance. Kim has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering and product safety testing, beginning her career at Underwriters Laboratories, Inc. Kim holds an MBA from Boston University and a BS in Electrical Engineering from Cornell.

Elisa Molero

Industry Analyst
Elisa Molero is an Industry Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda focuses on emerging solutions and global market trends around supply chain sustainability. Her background is in Economics, Leadership and Governance (BSc, University of Navarra). Prior to joining Verdantix, Elisa worked as a research analyst at the Centre For Economic Performance at the London School of Economics, where she completed a Master’s degree in Global Politics, with Distinction.

Related Reports

ESG & Sustainability
29 June 2022

Selecting Software Partners To Manage Supply Chain Sustainability (Webinar)

Firms are under increasing pressure to both quantify and improve ESG performance. For firms in sectors including manufacturing, construction, utilities, and food and beverage, the pressure is on to dr…

View Details
Environment, Health & Safety
8 June 2022

The Role Of EHS In Executing And Supporting ESG Strategies (Webinar)

As firms elect and are required to disclose to more ESG frameworks, EHS teams will find themselves increasingly in demand as the data they collect is essential.  Understanding the challenges and …

View Details
Environment, Health & Safety
17 May 2022

Strategic Focus: The Role of EHS Leaders In Implementing ESG Strategies

With the rapid proliferation of ESG strategies and frameworks, firms have identified the EHS function as uniquely positioned to assist with their internal execution and support. Increased pressure fro…

View Details

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.

Register now